Nvidia’s Q2 Vs. The Fed: Stock Valuation Might Continue To Rationalize

Summary:

  • Nvidia’s “Data Center” subsegment is the clear driver of the company’s revenue and an indicator for the ongoing evolution of the company.
  • Institutional holdings are unlikely to increase, given ongoing sector rotation and asset class diversification. Economic headwinds further cloud the forward outlook.
  • Market players’ positioning indicate little support for skyward valuations. Ultimately, the company is a prime candidate to become a “bellwether” of the global economy in my view.

NVIDIA GeForce chip and printed circuit board PCB

Cylonphoto

Nvidia Inc (NASDAQ:NVDA) has received a lot of attention in the Year To Date (YTD). As an article published in June indicated, the company’s stock was labeled a key member of America’s “Magnificent Seven”, i.e., one of seven stocks subjected to


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